RealTime IT News

Today's Deals:, in Wireless Blockbuster

iDial Networks +, LifeMinders + smartRay Network, +, + (SWCM) merges with (PHCM)


   *  Amount:         $6.8 billion


   *  Terms:            1.61 PHCM share for each SWCM share

   *  Premium:        n/a


   *  Industry:        Speed/Bandwidth


   *  Scorecard:      A-


    REDWOOD CITY, Aug. , a provider of wireless Internet infrastructure and application software, and , a provider of Internet infrastructure software for wireline and wireless service providers, announced they will merge to create a global powerhouse that will provide a broad range of carrier-class software to wireless and wireline carriers, portals and Internet service providers. Under the terms of the definitive merger agreement, shareholders of and will each own approximately 50% of the combined company, whereby each shareholder will be entitled to receive 1.6105 shares for each of their shares of